PREUF (Prosperity Real Estate Investment Trust) Buildings And Improvements : $0.00 Mil (As of Dec. 2024)

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What is Prosperity Real Estate Investment Trust Buildings And Improvements?

Prosperity Real Estate Investment Trust Buildings And Improvements Historical Data

The historical data trend for Prosperity Real Estate Investment Trust's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Prosperity Real Estate Investment Trust Buildings And Improvements Chart

Prosperity Real Estate Investment Trust Annual Data

Trend

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Buildings And Improvements

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Prosperity Real Estate Investment Trust Semi-Annual Data
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Prosperity Real Estate Investment Trust Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Prosperity Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prosperity Real Estate Investment Trust (OTCPK:PREUF) » Definitions » Buildings And Improvements

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00808:Hong Kong

Address

6 The Metropolis Drive, Unit 901, Level 9, Fortune Metropolis, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.prosperityreit.com

Prosperity Real Estate Investment Trust, or Prosperity REIT, owns a property portfolio in the decentralized business districts of Hong Kong. The company's segment based on geographical includes The Metropolis Tower, Prosperity Millennia Plaza, 9 Chong Yip Street, Prosperity Place, Trendy Centre, Prosperity Center, and New Treasure Centre. It derives the maximum rental income from the Metropolis Tower.